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Wheat production in Iran to hit 13.5m tons this year: FAO

According to the latest report of UN Food and Agriculture Organization (FAO) Iran will produce 13.5 million tons of wheat in 2017.

Rail development on track despite inefficiencies

The development of railway sector is one of the macro policies of the Iranian government as it has been emphasized by the general policies of the Sixth Five-Year National Development Plan (2016-2021).

Iran ships first consignment of wheat to Oman

Iran loaded the first 30,000-ton-consignment of wheat in ship to be exported to Oman, IRNA reported on Monday. According to a high ranking official in Islamic Republic of Iran Shipping Line (IRISL), Ali Akbar Ghanji, the loaded ship left Iran’s sout

South Pars phase 13 refinery joins national gas network

Refinery of phase 13 of developing Iran’s South Pars gas field (in the Persian Gulf) was connected to the country’s national gas network, Payam Motamed, the operator of the phase, announced.

Indian Aluminum Company Puts Iran Project on Hold

India’s National Aluminium Company Ltd., otherwise known as NALCO has put...

Non-oil export exceeds $2.7b in a month

Iran exported over 800 million tons of non-oil products worth $2.722 billion in the first month of the current Iranian calendar year, Farvardin (March 21-April 20), ISNA reported on Monday.

Transit of goods jumps 8.6% in 2 months

Iran exported 1.44 million tons of goods during the first two months of the present Iranian calendar year (March 22- May 21, 2017) via its land and maritime borders, showing 8.6 percent increase compared to the same period in the previous year.

Billion-dollar Qatari food market on tap

The Saudi-led severing of diplomatic ties with Qatar has provided a unique opportunity for Iran to tap into the billion-dollar food market of its Persian Gulf neighbor.

Iran's IMIDRO World’s 25th Biggest Steel Producer

Iranian Mines and Mining Industries Development and Renovation Organization was the world’s 25th largest...

KSC Profits Triple

Khouzestan Steel Company’s profits in the last fiscal year (March 2016-17) surged over...

High-cost Sardar-e Jangal could bring Iran high-tech

Caspian Sea, the world’s largest inland body of water, was mainly a center of fishing activities and also a marine transportation hub by the middle of the past century. But discovery of the first oil and gas reserves in the world’s largest lake in th

Boost in nominal petchem output capacity planned

The National Petrochemical Company (NPC) plans to increase its nominal production capacity by three percent to reach 86 percent by the end of the current Iranian calendar year (March 20, 2018).

Iranian Steelmakers Bolster Presence in Thailand Market

Thailand is currently the world’s fourth largest importer of steel and Iran is...

EDBI Ready to Support Petrochem Projects

The Iranian petrochemical industry has the capacity to receive significant new investments...

Annual exports of fisheries, fish products hit $900m

More than $900 million of fisheries and fish products was exported from Iran during the past Iranian calendar year (which ended on March 20), according to Hassan Salehi, the head of Iran’s Fisheries Organization.

Agricultural exports fetch Iran $5.7 billion

Iran exported 5.81 million tons of agricultural products worth $5.686 billion in the past Iranian calendar year 1395 (March 2016-March 2017, Deputy Agriculture Minister Abdolmahdi Bakhshandeh said on Wednesday

7 new petchem projects planned to come on stream by Mar. 2018

Seven new petrochemical projects are planned to be implemented in the country by the end of current Iranian calendar year (March 20, 2018), Shana quoted Ali-Mohammad Bosaqzadeh, the production control director of National Petrochemical Company (NPC),

Post-JCPOA petchem industry 'promising': Zanganeh

The future of Iran’s petrochemical industry is promising after the implementation of JCPOA (Joint Comprehensive Plan of Action which lifted sanction against Iran in January 2016), Oil Minister Bijan Namdar Zanganeh said on Saturday.

S.Korea's March crude imports from Iran hit record high

South Korea's intake of Iranian crude oil soared to a record high in March and its first-quarter crude imports from Iran nearly doubled on year, reflecting Tehran's efforts to raise output after the lifting of sanctions early last yea

President to inaugurate 4 petchem projects in coming days

Iranian President Hassan Rouhani will officially inaugurate four petrochemical projects in the coming days, IRNA reported on Wednesday.

Mercantile exchange picks up 73% in a year

More than 33 million tons of commodities, at the value of 817 trillion rials (about $21.8 billion) were traded on the physical market at Iran Mercantile Exchange (IME) during the past Iranian calendar year 1395 (ended on March 20, 2017), showing 73

Large petrochemical complex costing €257m inaugurated in western Iran

A large petrochemical complex with an annual production capacity of 310,000 tons came on stream today in the western province of Kordestan.

New complexes to add 9.5mt to Iran's petchem output: Zanganeh

Iranian oil minister said on Saturday that new petrochemical complexes going online will add 9.5 million tons (mt) to the country's petrochemical output, IRNA reported.

Annual petchem exports anticipated to reach $9b

-Iran’s worth of annual petrochemical exports is forecast to hit near $9 billion by the end of current Iranian calendar year (March 20), National Petrochemical Company (NPC) Managing Director Marziyeh Shahdaie told IRNA on Wednesday.

Petchem exports from Iran hit $10b since last March

Iran has exported 19 million tons of petrochemical products worth $10 billion since the beginning of the current Iranian calendar year (March 20, 2016), National Petrochemical Company (NPC) Managing Director Marziyeh Shahdaie announced on Sunday.

Exports via railway jump 55% in 11 months

Exports of goods via railway increased 55% in Iran during the first 11 months of the current Iranian calendar year (March 20, 2016-Februray 18, 2017), compared to the same period of time in the previous year, IRNA quoted a railway official, Hossein

Iran’s steel exports to Europe noticeably rise during 2013-16

Europe’s steel imports from Iran has increased by nearly eight times between 2013 and 2016, placing the country at the third spot next to China and India .

Iran to equip 4m hectares of land with modern irrigation

Some four million hectares of land will be equipped with modern irrigation systems in Iran within the next 10 years, Iranian deputy agriculture minister announced.

Crude steel exports up 45% in 10 months

Iran’s major steel producers exported 4.4 million tons of crude steel during the first ten months of the current Iranian calendar year (March 20, 2016-January 19, 2017), registering a 45 percent rise compared to the same period in the previous year.

Iran’s crude steel output ascends 11% in 2016: WSA

According to the latest report published by the World Steel Association, Iran produced 17.89 million tons of crude steel in 2016, registering an 11-percent growth compared to the figure in 2015, IRNA reported.

Non-oil exports up over 8% in 10 months

Iran’s non-oil exports during the first ten months of the current Iranian calendar year (March 20, 2016-January 20, 2017) reached $35.270 billion registering an 8.37 percent rise compared to the same period last year, IRNA reported on Sunday.

S.Korea's Dec. Iran crude imports surge 648.2% on year

South Korea's Iranian crude oil imports in December soared nearly eight times greater than a year ago, and its 2016 crude imports from Tehran more than doubled from 2015 levels, following last January's lifting of sanctions targeting the Mideast nati

Italy major European customer of Iranian non-oil products in 9 months

Importing 678,000 tons of non-oil goods at the value of $385 million, Italy was the major destination for Iranian non-oil products in the first nine months of the current Iranian calendar year (ending December 20, 2016), according to Iran Customs Adm

Crude steel exports from Iran’s major producers up 55% in 9 months

Iran’s eight major steel producers exported 4.12 million tons of crude steel in the first nine months of the current Iranian calendar year (March 20-Decemebr 20, 2016), with 55 percent rise from the same period of time in the previous year, IRNA rep

Iranian ports' loading, unloading capacity at 106m tons

More than 105.9 million tons of oil and non-oil goods were loaded and unloaded in the Iranian ports during the first nine months of the current Iranian calendar year (ending December 20, 2016), IRNA reported on Sunday.

Iran’s petchem output set to rise up to 20% by Mar. 20

Iran’s petrochemical sector’s output is set to increase up to 20 percent in the second half of the current Iranian calendar year (which ends on March 20, 2017), compared to the same period the last year, Shana quoted an official as saying on Tuesday

South Pars 9-month gas extraction exceeds 109bcm

Iran’s nine-month gas extraction from the giant South Pars gas field (which the country shares with Qatar in Persian Gulf) has reached 109.496 billion cubic meters (bcm), IRNA quoted an oil official as saying on Friday.

Crude steel output up 9 percent in Iran

ran produced 12.319 million tons of crude steel in the first eight months of the current Iranian calendar year (March 20-November 20), with 9 percent rise from 11.311 million tons in the same period last year, Shata news reported on Saturday.

Steel exports seen to rise by 50%

Iran’s exports of crude steel and related products are forecasted to rise by 50 percent in the current Iranian calendar year, which ends on March 20, 2017.

Europe buys 30m barrels of Iranian crude in Jan.-Aug.

Seven European countries imported 4.22 million tons (nearly 30 million barrels) of Iranian crude oil during the first eight months of 2016, according to the latest data released by European Union’s statistics agency (Eurostat).

Drought, floods, water stress cost companies $14b

Droughts, water scarcity and stricter environmental regulations cost businesses a reported $14 billion (£11 billion) this year, up from $2.6 billion in 2015. Yet companies still aren’t doing enough to protect themselves from water risks, according to

Drought, floods, water stress cost companies $14b

Droughts, water scarcity and stricter environmental regulations cost businesses a reported $14 billion (£11 billion) this year, up from $2.6 billion in 2015. Yet companies still aren’t doing enough to protect themselves from water risks, according to

Iran's Chabahar hosts first sea travelers

Iran launched the first passenger terminal at its only oceanic port thus making it possible to directly host visitors from Pakistan, India, Oman and beyond.

Iran's petrochemical capacity to grow threefold by 2025

Iran is set to increase its total petrochemical capacity from 59 million tons to 180 million tons within the next 10 years, said an executive from US consultancy firm Frost and Sullivan on Thursday on the sidelines of the Fourth CMRI Petrochemical Co

Iran eyes LNG exports to Europe

Iran will focus on the production of liquefied natural gas (LNG) to facilitate exports of natural gas to Europe, said a deputy oil minister.

Iran, Finland sign MoU on exploring rare earth elements

Iran and Finland inked an MoU on education and exploration of rare earth elements on Tuesday.

IME weekly trade nears $228m

Iran Mercantile Exchange (IME) announced that commodities valued at about $228 million and weighing over 633,796 tons were traded in its domestic trading and exports halls in the past working week (October 15-20).

TPO: Iran's exports to US rise following JCPOA

Iran's exports to the US and some European countries have increased following the implementation of Joint Comprehensive Plan of Action (JCPOA), said the head of Trade Promotion Organization (TPO).

Iran's first LPG cargo arrives in Indonesia

Indonesia's state-run energy giant Pertamina officially received a cargo of liquefied petroleum gas (LPG) from Iran on Thursday, marking Iran's first shipment as a new supplier of LPG to Indonesia.

Iran produces over 15m tons of iron ore concentrates

Iran produced 15.184 million tons of iron ore concentrates during March 20-September 21 marking a growth of 21 percent compared to the figure for the same period last year.

Iran produces over 15m tons of iron ore concentrates

Iran produced 15.184 million tons of iron ore concentrates during March 20-September 21 marking a growth of 21 percent compared to the figure for the same period last year.

MSC: Iran’s annual steel production to hit 55m tons by 2025

Iran plans to increase its annual steel output from current 17 million tons to 55 million tons by 2025, announced the managing director of Mobarakeh Steel Company (MSC) in inaugural of the Second Iranian Iron and Steel Conference in Isfahan.

Iran produces over 1m tons of sponge iron

Iranian companies produced 1.025 million tons of sponge iron in August, showing an increase of 5.46 percent compared to the figure for the same month in 2015.

Iran to become strategic titanium producer

ran's first titanium production plant will be operational within six months, said the manager of the Kahnuj titanium pilot project.

Iran replacing Venezuela in Spain's oil market

Venezuela is gradually losing Spain's oil market, as the European country has increased crude oil import from Iran, the Spanish El Mundo newspaper reported.

Semi-industrial polypropylene unit to be launched in Arak

Arak Semi-Industrial Polypropylene Unit is to be officially inaugurated today (Wednesday) in a ceremony attended by Managing Director of National Petrochemical Company (NPC) Marzieh Shahdaei.

Petrochemical production tops 23m tons

Over 23 million tons of petrochemical products were produced during March 20-September 5, showing a seven-percent increase compared to the figure for the same period last year.

Iranian ports handle 13% more freight in August

Iranian ports recorded a 13-percent growth in the amount of goods loaded/unloaded during August compared to the figure for the same month in 2015.

Annual petchem output capacity to hit 61.5m tons

A senior petrochemical official said Iran's petrochemical production capacity will cross 61.5 million tons by March 20, 2017.

Four-month copper concentrate output caps 370,000 tons

Iran produced 371,363 tons of copper concentrates during March 20-July 21, indicating a growth of 22.84 percent against 302,307 tons produced in the same period last year.

New gold reserves discovered in Iran

Recent explorations have led to the identification of new reserves at Iran's Zarshouran gold mine, announced the manager of Zarshouran Gold Complex.

New gold reserves discovered in Iran

Recent explorations have led to the identification of new reserves at Iran's Zarshouran gold mine, announced the manager of Zarshouran Gold Complex.

Monthly loading, unloading at Iranian ports up 15% yr/yr

TEHRAN- Some 12.565 million tons of oil and non-oil products were loaded and unloaded at ports of Iran during the third Iranian calendar month of Khordad (May 21-June 20), registering 15.1 percent rise compared to the same month in the preceding year

Indian firms to invest $235m in Chabahar

Goods handled by Chabahar Port will increase from two million tons to eight million tons following an investment of $235 million by Indian firms in the port.

Iran’s quarterly exports of gas condensate up 57% yr/yr

TEHRAN- Iran’s Pars Especial Economic Energy Zone (PSEEZ) exported $1.687 billion of gas condensate in the first quarter of the current Iranian calendar year (March 20-June 20, 2016), showing a 57 percent growth compared to the same time last year,”

Doosan Heavy Industries lands $186m desalination deal in Iran

South Korea’s Doosan Heavy Industries & Construction Co. won a 220 billion won ($185.9 million) worth order from Iran-based Sazeh Sazan Co., to build a seawater reverse osmosis desalination (SWRO) plant in the Middle East country.

Buyers eyeing Iran’s Esfahan Steel Company

Esfahan Steel Company, Iran’s third-largest maker of the metal, is reportedly seeking buyers amid plans to boost production. Bloomberg says in a report that companies from South Korea and Luxembourg are interested in taking a stake in the company

Exports of SP Phase 19 condensate to begin soon

Operator of Phase 19 of the supergiant South Pars Gas Field development project said the phase's first gas condensate cargo will be exported within the next few weeks.

Iran signs contracts with major European companies for crude sale

Iran has signed contracts with major European companies for the sale of crude oil, five months after the implementation of the last year’s nuclear agreement between Tehran and six global powers, a senior Iranian official says

Shell starts to buy Iran’s oil

Traders say Royal Dutch Shell has resumed purchases of Iranian crude. The company has now become the second major oil firm after Total to restart trade with Tehran after the lifting of sanctions against the country in January

Iran launches direct flights to Astrakhan

Iran has opened direct flights between Tehran and the Russian city of Astrakhan to boost trade ties between the two countries, local media reported Tuesday, citing a senior official with the Trade Promotion Organization of Iran

Iran sells over 15mn tons of cement overseas

A new report says Iran exported more than 15 million tons of locally produced cement over the last Persian calendar year (ended March 19)

‘Norwegian company after major gas deal with Iran’

Norway’s oil and gas giant Hemla Vantage seeks to seal a $600 million energy deal with Iran on the production and export of liquefied natural gas (LNG) and liquefied petroleum gas (LPG), a report says

Rosatom eyeing Iran heavy water deal

Russia announced on Monday that the country’s nuclear agency Rosatom is considering the possibility of buying heavy water from Iran

US finalizing deal to buy Iran heavy water

The US media have reported that the administration of President Barack Obama is moving to finalize a deal with Iran worth $8.6 million to buy heavy water from Iran

Iran reports huge rail purchase from India

Iran said on Sunday that it had made a major purchase of rails from India, adding the payment for almost the entire of the purchase had been made by New Delhi

Iran sets new steel export record

Iran said on Sunday that it had exported 4.1 million tons of steel in the past Persian calendar year which ended on 22 March 2016 thus setting a new record in sales of the strategic product to international markets

British travelers flock to Iran

Iran is appearing on the travel itineraries of an ever-increasing number of British holidaymakers, following a thaw in diplomatic relations between the Islamic Republic and the West.

US company seeks Iranian petrochemical products

An Iranian energy official said a US company is interested in purchasing petrochemical products from Iran.

South Korea imports 80% more Iran oil year-on-year in March

South Korea's imports of Iranian crude oil surged 81 percent in March from the same month a year earlier following the lifting of sanctions against Iran, customs data showed on Friday.

Iran's exports to US increase by six times

Iran’s media reported on Thursday that the country’s exports to the United States increased six times over a period of 11 months starting March 2015

South Korea to build steel mill in Iran

South Korean steelmaker POSCO - the world's sixth-biggest steel producer - has announced a plan to help build a $1.6 billion steel mill in southeastern Iran

Swiss company loads Iranian oil for European consumers

Glencore PLC, the Switzerland-based mining and trading giant, has become the first Western company to load oil of energy-rich and sanctions-free Iran.

Germany, Japan to jointly invest in Iran’s projects

Germany and Japan, the two countries that seem firmly determined to reenter the Iranian market seek to invest in various petrochemical projects of Iran

Iran exports $110m saffron in 10 months

Iran exported more than 76 tons of saffron worth $110 million in the ten months to January 20.

Germany, Japan to jointly finance Iran's petrochem projects

German Linde Group jointly with Japanese MITSUI & CO., LTD. will invest in various Iranian petrochemical projects, Marzieh Shahdaei, the director for projects at Iran’s National Petrochemical Company (NPC) said

Petrochemical industry Investment opportunities

Developmental projects with an investment of 40 billion dollars has been set as the goals of the next 5-year Development Plan of Iran

German Companies Could Invest 12 Billion Euros In Iran’s Petrochemical Sector

German companies have proposed a 12 billion euro worth of investment in Iran’s petrochemical projects, Abbas Sheri Moqaddam, Iran’s deputy oil minister said without unveiling further details

Removal of sanctions: a chance to invest in Iran Mercantile Exchange

Iran has entered the 2016 with the good news of the removal of banking sanctions on exporting petrochemical products - a gift to Iranian banking sector, petrochemical industry and its Capital Market in particular the Mercantile Exchange

Palayesh Parsian C2 Recovery and Fractionation

The EP contract was signed between Palayesh Parsian Sepehr Company as an owner and consortium of HAMPA and HEDCO (contractor) in Aug 2011

capacities and capabilities of Zanjan province

Specific geographical location of the province from point of locating on energy corridor and easy access to main transferring lines of petroleum, gas and other petroleum products and also it`s access to the electric power transferring lines

Iran eyes Russia for petrochemical exports

Iran is eyeing the Russian market for sales of petrochemical products as prices in Europe continue to fall with the decline in international crude and naphtha rates.

Investment Priorities and Opportunities in shahid rajaee port

Investment Priorities and Opportunities in shahid rajaee port epecial economic zone

Economic investment opportunities in Kish Island

Exporting products abroad without customs and port duties - Low commercial interest for importing products to the country through Kish Island by 15% Independent customs in the free zones in the point connecting to the international markets

farming 3500 sheep

Small size, taming ability and high yield of meat, wool, and milk attract humans to sheep. This project aims to produce 3500 sheep from top race . 7000 lambs and 140 tons of milk in a year are other goals of this project

Edible Mushroom Growing with 70 tons a year - Sari

Mushrooms have 1.5-6% protein from which 70-90% is absorbed by human body. For low uric acid, doctors suggest it to olds and patients. It has vitamins of B1, B2, B12, and C and is useful for skin, allergy, neural system, eyes and other body parts. Si

Caviar and salmon fish farming-Samami

This project already obtained essential license and land and intend to produce 30 tons of caviar which worth more than 90 million euro along with 2000 tons of caviar meat which worth about 40 million euro during 12years age of seed-bearing fish a

Caviar fish farming-GhareBorun Eslami

This project already invest about 1.17 million dollar) and after implementation of the project it employs 13 workers in 4 Cage of sturgeon and salmon fish in the see

Anzali trade-industrial free zone

Bandar Anzali as the most equipped and most modern Caspian Sea port due to the unique geographical position as the only free port in the area,has the significant role in development of North – South(Nostrac) corridor. Since this Port is being located

Boshehr Port

The port of Bushehr is located in 28,58 N and 50, 50 E in the north end of a peninsula on the coast of the Persian Gulf. This peninsula is 14 Km long. The depth of water is near to 7m in the external anchorage leading to internal anchorage by the ext

Port of Chabahar

The Port of Chabahar (or Chah Bahar) is a seaport in Chah Bahar in southeastern Iran. Its location lies in the Gulf of Oman. It is the only Iranian port with direct access to the ocean. The port was partially built by India in the 1990s to provide ac

West Ethylene Pipeline breaks feedstock supply record

West Ethylene Pipeline has set a new record in supplying feedstock to eight petrochemical plants along its way, a petrochemical official said.

Iran plans biggest mining exploration yet

Iran plans mining exploration over 240,000 square kilometers across 12 provinces in the biggest development attempt which the sector has seen yet, Deputy Industry, Mine and Trade Minister Mehdi Karbasian says.

Oman’s path to Iran

Through economic ties and a careful, long-standing diplomatic posture, Oman has become a key player in the Middle East.

Iran’s petchem sector negotiating to open offices abroad

TEHRAN – Iran’s petrochemical sector is negotiating with a number of countries including Spain and the Commonwealth of Independent States (CIS)to open sales offices over there, according to an Iranian oil official.

European bank to invest in €90m Iranian petchem project

TEHRAN - A European bank will invest in building a gas-to-propylene (GTP) plant in Iran, which is estimated to cost €90 million, Iranian Deputy Oil Minister in Petrochemicals Abbas She’ri Moqaddam said.

Investment in Iran’s Petrochemical Sector Could Reap Large Returns for Nimble Investors Willing to Stomach Significant Risk, IHS Says

ran offers low-cost feedstocks and access to large domestic and major foreign markets, but needs infrastructure and technology investments to grow

Japanese companies may be next to invest in Iran’s rich mineral reserves

Japan’s leading steelmakers have announced interest in Iran’s mining projects, including production of precious metals such as titanium.

Anzali Free Zone

Anzali Free Trade-Industrial Zone is a wide area of Bandar Anazli about 3200 hectares and about 8 kilometers of sea border and up to 2 kilometers into the sea, which included industrial ,trade and commercial ,tourism and services sections. Anzali Fr

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